During recent months, the cryptocurrency segments have seen unprecedented growth. Even despite short periods of pullback, Bitcoin appears to have found solid support at the $50,000 mark, with a market cap hovering around $1 trillion. There’s plenty of speculation it could go higher.
Get The Full Walter Schloss Series in PDF
Get the entire 10-part series on Walter Schloss in PDF. There seems to be a general consensus that the current bullish trend is fueled by institutional support of cryptocurrencies.
Due to improved regulatory clarity and the big entry of banks and financial firms from around the world, investment funds have now flooded into bitcoin as institutions try to capture some of its growing value.
The broad consensus is that the current bullish trend is buoyed by institutional involvement in cryptocurrencies. Thanks to a combination of improved regulatory clarity, and the entry of some of the biggest global banks and financial firms, professional money is now flooding in as institutions aim to capture some of the growing value. Part of the reason this is now possible is the pace of development over recent years. Even though Train calls himself a value investor, his strategy has evolved over the years, .
Nick Train: on the Whiskey Cycle Howard Marks once said, “ignoring cycles and extrapolating trends is one of the most dangerous things an investor can do, ” and this quote now forms the basis of Nick Train of Lindsell Train investment philosophy. Even though Train would call himself a value investor, over the years his style has changed,